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Bizotic Commercial Limited Logo

Bizotic Commercial Limited

Jun 12, 2023 – Jun 15, 2023
Listed Price:
₹180.00
(+2.86%)
Price Band₹175 - ₹175
Lot Size800 Shares
Allotment DateJun 20, 2023
Listing DateJun 23, 2023
Subscription1.87 Times
Issue Size₹42.21 Cr

IPO Details

Subscription

lot distribution

Lot Distribution

reservation

Reservation

company financials

Company Fin.

₹2
(1.14%)

Premium (ELP)

Bizotic Commercial Limited's successfully completed its Initial Public Offering and commenced trading on Jun 23, 2023 at the BSE exchange. The company raised 24,12,000 Shares through this public offering, comprising 24,12,000 Shares in fresh capital.

The IPO was priced within the band of ₹175 to ₹175, with minimum application lots of 800 shares. The offering attracted significant investor interest during its subscription period from Jun 12, 2023 to Jun 15, 2023.

Share allotment was finalized on Jun 20, 2023, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.

Bizotic Commercial IPO Details
IPO Date
:
Jun 12, 2023 to Jun 15, 2023
Allotment Date
:
Jun 20, 2023
List Date
:
Jun 23, 2023
Lot Size
:
800 share
Issue Price
:
₹175 - ₹175
Issue Size
:
24,12,000 (aggregating up to 42.21 Cr)
Fresh Issue
:
24,12,000 (aggregating up to 42.21 Cr)
Offer For Sale
:
-
Listing At
:
BSE
Share Holding Pre-Issue
:
56,28,000
Share Holding Post-Issue
:
80,40,000
Market Marker Portion
:
1,20,800
First time applying for an IPO? Read our guide on How to Apply for an IPO & Bidding Timings.
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Shares24,12,000
Market Maker
5.01%(1,20,800)
NII (HNI)
47.50%(11,45,600)
RETAIL
47.50%(11,45,600)
Total
100.00%(24,12,000)
Bizotic Commercial IPO Key Performance Indicators
Want to understand how to evaluate these metrics? Read our guide on IPO Key Performance Indicators (KPIs).
Company Financials (In Lakhs)
Bizotic Commercial IPO About Company

Incorporated in 2016, Bizotic Commercial Limited is engaged in manufacturing, designing, and marketing readymade garments under its in-house brand “URBAN UNITED.” The company offers a wide range of men’s apparel, including formal wear, casual wear, party wear, sportswear, ethnic wear, and winter wear, available through both retail stores and online platforms. Bizotic outsources its garment manufacturing to third-party contractors while providing complete technical specifications such as design, fabric, and quality standards. It operates 21 stores — 17 franchise-based and 4 company-owned — across Rajasthan and Bihar, with owned outlets located in Jaipur, Jodhpur, Bhilwara, and Chittorgarh.

Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."

✅Bizotic Commercial IPO Strength Factors

NA

⚠️Bizotic Commercial IPO Risk Factors

NA

🏦Bizotic Commercial IPO Lead Manager(s)
Interactive Financial Services Limited
👤Bizotic Commercial IPO Promoter(s)
  1. Mr. Sanjay Gupta
  2. Mrs. Sangita Aggarwala
🏢Bizotic Commercial IPO Company Details

Bizotic Commercial Limited

Phone:+91 79849 71501
address:8, Samet Business Park, Nr. Khokra Circle, Khokra, Ahmedabad-380008
📋Bizotic Commercial IPO Registrar

Bigshare Services Private Limited

Name:Bigshare Services Private Limited
Phone:+91-22-6263 8200
❓Bizotic Commercial IPO FAQs
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